Ex-SEC Lawyer Disclose Agency’s Appeal In XRP Lawsuit
Marc Fagel, an ex-SEC lawyer, disclosed the agency’s potential appeal strategy in the XRP lawsuit as the deadline for the US SEC to file an appeal. The XRP lawsuit has been a topic of interest to investors in recent months, as the lengthy dispute was resolved in August. Nevertheless, the most recent developments suggest that […]
Terraform Labs May Stop Products, Services Amid Bankruptcy
On September 25, Terraform Labs warned X that it would terminate several products and services on October 30 if no third parties took over. On September 25, Terraform Labs warned X that it would terminate several products and services on October 30 if no third parties took over. The selloff is a component of Terraform’s […]
Court Reviews US SEC’s Denial of Coinbase Rulemaking Appeal
The US Court of Appeals for the Third Circuit has reviewed the US SEC‘s denial of Coinbase request for crypto rulemaking, challenging its narrow reasoning. Coinbase exchange requested that the US SEC propose and implement regulations to regulate securities that are “offered and traded via digitally native methods,” which includes defining which crypto assets qualify […]
MSTR Michael Saylor Suggests Use of Bitcoin-backed Loans
According to Michael Saylor, the CEO of MicroStrategy, Bitcoin loans will enable BTC holders to generate a yield without the need to transfer their assets. Discussions regarding Bitcoin yields have resumed following the SEC’s approval of options trading on the BlackRock Bitcoin ETF. In a recent podcast debate, MicroStrategy Chairman Michael Saylor expressed his perspective […]
SEC Mark Uyeda Opposes Audit Trial for Cryptocurrency
According to SEC Mark Uyeda, the overregulation of private funds and the violation of privacy are the results of audit trials that monitor sensitive investor data. On Tuesday, September 24, Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chairman, and five SEC commissioners are scheduled to appear before the House Financial Services Committee. The […]